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Podcast: The Bit
Episode: Stablecoins – what’s old is revolutionary again
Description: Listen as Bittrex Global’s Stephen Stonberg sits down with Lars Hoffmann and Mike Rogers, research analysts from The Block, to discuss their findings over the years. Hoffmann and Rogers focus on stablecoins, digital assets whose price is tied to a cryptocurrency, fiat money, or an exchange-traded commodity. In this episode, they cover several topics including different locales’ preference for different stablecoins, the explosion of stablecoin transactions from $6 billion in 2020 to $70 billion now, and how the concept of privately issued currency was established over a century ago – plus, the factors that may lead to the continued trajectory of stablecoins.